Sentiment

4E: Powell suppresses interest rate cut expectations, U.S. stocks hit the largest weekly decline in two months, market sentiment declines

ChainCatcher news: After a strong surge following the election, market sentiment has somewhat cooled last week. Federal Reserve Chairman Powell seems intent on slowing down interest rate cuts, which has dampened the excitement generated by the "Trump trade."According to 4E monitoring, the three major U.S. stock indexes continued to weaken after reaching new highs on Monday. On Friday, a significant cut in interest rate expectations put pressure on the stock market, causing it to decline across the board. The S&P 500 index fell 2% over the past five trading days, erasing half of its gains since the election. The Dow Jones Industrial Average dropped 1.24% this week, while the Nasdaq Composite fell 3.15%, marking its largest weekly decline since September.Bitcoin, after breaking through $93,000 on Wednesday to set a new all-time high, began to consolidate amid the pullback in U.S. stocks but showed resilience. It is currently trading in a narrow range around the $90,000 mark. As of the time of writing, Bitcoin is priced at $90,799, with a 7-day increase of nearly 12%. Other altcoins followed Bitcoin's fluctuations, with SOL benefiting from the MEME frenzy, demonstrating strong rebound and upward momentum.In the commodities market, the cooling of interest rate cut expectations from the Federal Reserve has led to a continued strengthening of the dollar, reaching its highest level in over a year. The dollar index rose 1.6% last week and has increased for seven consecutive weeks. The strong dollar continues to pressure commodities, with spot gold falling about 4.6% last week, marking its largest weekly decline in three years, and retreating nearly 9.3% from its historical high. U.S. oil fell nearly 5%, while Brent crude dropped nearly 4%.Current market focus is on inflation concerns following the Trump administration's rise and the Federal Reserve's more hawkish outlook. Powell's speech on Thursday essentially indicated that Fed officials do not need to rush into rate cuts, leading traders to significantly reduce their rate cut expectations. The retreat in sentiment and uncertainty in monetary policy have increased upward resistance in the market. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and foreign exchange. It recently launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

Greeks.live: Trump's victory and interest rate cuts boost BTC to break historical highs, crypto market sentiment surges

ChainCatcher news, Greeks.live researcher Adam posted on social media that the U.S. election ended with a landslide victory for Trump, and Bitcoin simultaneously broke through its historical high, driving multiple mainstream cryptocurrencies to surge. The market sentiment is currently very high. The crypto market is now independent of other markets, and often important fundamental turning points are first reflected in the crypto space. Last Friday's interest rate meeting decided to cut rates by 25 basis points, and the fundamentals of the rate-cutting cycle are supporting the investment market. The implied volatility (IV) of the current options at-the-money has already dropped below 60%, with strong selling pressure from sellers who are selling into the big market.The U.S. election ended with a Trump victory, and last Friday's interest rate meeting decided to cut rates by 25 basis points. The crypto market reacted strongly, with Bitcoin breaking through its historical high, and both funding rates and futures premiums showing strong bullish sentiment. In terms of options, the implied volatility (IV) of the current options at-the-money has dropped to 80%, with strong selling pressure from sellers who are selling into the big market. Currently, the short-term skew of Bitcoin has risen significantly, while the mid to long-term skew has decreased. The options market still needs to observe the movements of the whales.In the crypto interest rate market, the Bitfinex interest rate market has been relatively stable recently, with occasional high-interest orders of 20%. When encountering suitable interest rate orders, it is worth actively trading, especially during market movements.

4E: U.S. stocks have risen for the sixth consecutive week, gold has reached a new high, and optimistic sentiment is emerging in the cryptocurrency market

ChainCatcher news, the series of data released recently has paved the way for a "soft landing" of the U.S. economy. With only 2 weeks left until the U.S. election, the market is pricing in the prospects of a Trump victory, and global financial markets are generally on the rise.According to 4E monitoring, the Dow Jones Industrial Average rose by 0.96% last week, the S&P 500 rose by 0.85%, and the Nasdaq rose by 0.80%. All three major U.S. stock indices have risen for six consecutive weeks, with the S&P and Dow setting records for the longest weekly winning streak this year. The cryptocurrency market is replicating the upward trend that historically begins in late October. As of the time of writing, Bitcoin is priced at $69,198, just a step away from the $70,000 mark, with a weekly increase of 10.41%. Ethereum is priced at $2,741, with a weekly increase of 11.95%.In the foreign exchange market, the U.S. dollar index fell after consecutive gains last Friday but still maintained above the 103 mark, with a weekly increase of about 0.6% and three consecutive weeks of gains. The intensifying U.S. election and expectations for more monetary policy easing have propelled spot gold to set new historical highs for two consecutive days last Thursday and Friday, with a weekly increase of about 2.4%. Silver rose about 7% for the week, reaching nearly a twelve-year high. The oil market performed poorly last week due to concerns about global demand prospects and the U.S. pushing for a ceasefire in Gaza, with U.S. oil falling over 8% for the week, ending a two-week winning streak, while Brent crude fell nearly 7%.The global economy is welcoming unexpected good news, and market optimism is becoming evident. However, as the U.S. election enters a critical phase, political uncertainty still exists. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, spot gold, and foreign exchange. Recently, it launched a USDT stablecoin wealth management product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets reasonably.

4E: The cryptocurrency market sentiment remains high, with all three major U.S. stock indices rising and gold approaching historical highs

ChainCatcher news, according to 4E monitoring, on Wednesday, all three major U.S. stock indexes rose, with the S&P 500 up 0.47%, the Dow Jones up 0.79% hitting a new high, and the tech-heavy Nasdaq up 0.28% lagging behind due to concerns over ASML's disappointing earnings. AI concept stocks had mixed results, with Nvidia closing up 3.13% nearing its peak. The sentiment in the crypto market remains high, with Bitcoin slightly retreating after breaking above $68,000 for the first time since July; as of the time of writing, Bitcoin is up 0.26% at $67,520, while Ethereum is down 0.15% at $2,622.In the forex market, the "Trump trade" reignited, pushing the dollar index up over 0.2% to a ten-week high. The yen has been continuously declining recently, and weaker inflation data from Europe and the UK has bolstered expectations for interest rate cuts by the Bank of England in November and the European Central Bank this Thursday. The pound has fallen to its lowest level in two months, and the euro has dropped to its lowest in ten weeks. Concerns over oil supply disruptions in the Middle East have eased, leading to a continued decline in oil prices, which have retraced most of the gains made after Iran launched ballistic missiles at Israel earlier this month. Expectations for global central bank rate cuts have increased, supporting spot gold, which rose over 0.4% on Wednesday, nearing historical highs.Expectations for slight rate cuts from major global central banks have warmed, with traders currently estimating a roughly 94% chance of a 25 basis point rate cut by the Federal Reserve in November. The market is focused on the retail sales data for September to look for clues on rate cuts. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, spot gold, and forex, recently launching a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.
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